Bank Of Baku

Azerbaijan sees 30% rise in bank deposits year-on-year

Azerbaijan sees 30% rise in bank deposits year-on-year
# 17 November 2011 09:15 (UTC +04:00)
AZN 3,622.4 mln or 41.4% in the structure of deposits fall on share of households deposits. The volume of deposits within last year increased by AZN 824.1 mln or 29.6%.

At the same time, as of October 1, the volume of corporate deposits amounted to AZN 5,118.2 mln. Since the beginning of the year this figure had risen AZN 1,174.8 million or 29.8%. AZN 2,530.4 mln or 49.4% of deposits fall on share of financial organizations, AZN 2,587.8 mln or 50.6% - non-financial organizations.
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